It took nearly a hundred
years of effort to create a degree of public awareness that the
Federal Reserve has always been a private corporation.
And for a Federal Reserve
Chairman to acknowledge this publically as Alan Greenspan did in
his now famous TV interview ....................
"Well, first of all, the
Federal Reserve is an independent agency and there is no other
agency of government which can overrule actions that we
take."
In 1996 the Federal Reserve
announced that they would stop reporting the M3 money supply, but
the bank bailout agreement revealed in December 2010 that the
Federal Reserve had created $12.3 trillion dollars unbeknownst to
Congress or the American people.